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Search Results 0 to 24 of about 25 (some duplicates have been removed)
on the wealthy was a central issue of president obama's campaign. he talked about it in every, single campaign speech. >> the wealthiest americans got tax cuts. tax cuts. try a tax cut. another trillion dollar tax cut that favors the wealthy. >> reporter: in her exclusive interview thursday, diane sawyer pressed the speaker on that. >> 60% of the voters have said that they are ready to raise these taxes. they are ready to have the wealthier americans pitch in here. >> i said yesterday that raising tax rates is unacceptable. >> reporter: the looming fiscal crisis has already affected financial markets, helping drive the dow below 13,000 for the first time since september. if a deal is not struck, virtually every american taxpayer will see a substantial increase in their taxes starting january 1st. during the last negotiations, speaker boehner's hands were tied because tea party conservatives opposed compromise. here's what he told george back then. >> there's no daylight between the tea party and me. >> reporter: what does he think of the tea party now? >> we don't have a tea party caucus to sp
in that state, barack obama. president obama ended up edging out mitt romney by about 74,000 votes out of more than 8 million cast. florida's governor says his state will see what it can do to improve the voting process there in florida. many people waited as long as seven hours to cast their ballots. >>> and power is finally coming back for thousands of people in new jersey still in the dark since superstorm sandy. miss utility customers who lost power in the state should have service restored by today. 98% of homes and businesses in new york city and westchester county also have their lights back on but progress is much slower on long island where hundreds of angry residents protested outside the power company's offices saturday. that was on saturday. most customers there on long island will have service restored, they say, by tuesday. >>> and actors justin timberlake and jessica biel were among the volunteers helping clean up storm-ravaged rockaway, queens. according to "us" magazine, they were handing out food to victims, victims who live there and were hard hit by that storm. >>> the coun
with politics. they finally finished counting ballots in florida. the official winner in that state barack obama. president obama edged out mitt romney by 74,000 out of 8 million cast. the governor of florida will seek to see what it can do to improve the voting process in florida. many people waited as long as seven hours to cast their ballots. >>> power is finally coming back for thousands of people in new jersey still in the dark since superstorm sandy. people should have power restore today. 98% of homes and businesses in new york have their lights back on. but progress is much slower on long island where hundreds of angry residents protested outside of power companies. >>> and actors justin timberlake and jessica biel were among the volunteers helping clean up storm-ravaged rockaways queen. they were handing out food and supplies to victims of the area which was hard hit by that storm. >>> and the country's largest four-year college system is looking to crackdown on so-called superseniors. officials at the california state university system which has over 400,000 students they'll vote this
, islamabad. >>> and the obama administration is extending a key deadline for its health care law. states have have at least an extra month to submit their plans for health insurance in stages. millions of americans are expected to get private coverage subsidized by the government. many states delayed their plans to see if president obama would be re-elected. he was. >>> and the u.s. supreme court will hear a challenge to the landmark law that protects against racial discrimination at the polls. the voting rights act requires all or parts of 16 states with a history of discrimination in voting to get federal approval before changing the way they hold elections. the high court considered but did not rule on the same issue three years ago. >>> finally, good karma, if you believe in karma, for a chicago man who helped clean up after hurricane sandy. john turner and the staff at his water removal business came to new jersey. they traveled there to clean flooded homes. after a hard day of work, he bought a lottery scratchoff ticket. he won 100,000 bucks. not surprisingly, he plans to donate some of
men and jill kelly. >>> president obama is sure to be asked about this scandal when he holds his first postelection news conference today. george and diane will be here at 1:00 p.m. eastern. >>> josh elliott has the other stories. >> we begin with the breaking news overnight. a plane crashing into a neighborhood in jackson, mississippi, right into the house that is now in flames. a woman inside managed to escape just in time by jumping out the window. witnesses say they could hear the plane's engine sputtering in the moments before the crash. the three people onboard were killed. in the bitter irony, they were flying to a safety conference being held by the faa. >>> and two washington snowboarders are finally safe this morning, after two nights stranded on mt. rainier. the two got caught in a sudden blizzard with no overnight gear and only a few crackers to eat. but after calling 911, they managed to build a snow cave and hunker down. >> you guys hunker together for a while? >> yes, we did. >> yeah. not going to lie. >> to keep warm, right? >> exactly. >> what stays in the cave, stays
points. martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. and joins us now with more. questions on all of the big issues. but much of the focus on that looming fiscal cliff january 1st. >> reporter: that's right, george. the president will meet with congressional leaders tomorrow. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill
to the battle brewing over who will be the nerks secretary of state. no final decision from president obama. the front-runner is susan rice, the u.n. ambassador. and she ran into a buzzsaw yesterday on capitol hill, when she met with republican senators critical of her nomination. take a look. >> the concerns i have today are greater than they were before. and we're not even close to getting the basic answers. >> i want to say that i'm more troubled today. >> we are significantly troubled by many of the answers. >> abc's jonathan karl is covering all this from washington. jon, on sunday, it looked like some of the senators, graham and mccain, had softened their opposition. but not after the meeting yesterday. what went wrong in that room? >> reporter: once again, they clashed over what rice said about the attack on the u.s. consulate in benghazi, libya. in the days after the attack. sources in the meeting said that rice started off by acknowledging that some of what she said was not true. but she presented evidence that that came directly from the cia, everything that she said. the senators
details this morning about how president obama is hoping to avoid the so-called fiscal cliff looming at year's end when massive spending cuts kick in and tax cuts expire. before he sits down with congressional leaders this friday the president has invited union leaders and corporate executives to the white house to get their takes on a possible compromise. republicans say higher tax rates are not an option. >>> meantime, a new concern for the financial markets, japan's economy, the world's third largest, shrank some 3.5% last quarter. a sign that japan may now already be in recession. >>> and finally, a major embarrassment for britain's iconic beefeaters. those guards that stand guard in london. the somehow, the thief managed to scale the walls here and steal the keys to the tower, including a key that unlocks the drawbridges. guards reportedly saw the burglar but couldn't leave their positions to chase him. they radioed a night watchman but got no response. we're told the queen's jewels, inside the tower, were never at risk. that is a look at the headlines this morning. for more, le
. thanks very much. >>> another showdown in washington today. president obama has his first face-to-face meeting with congressional leaders over the fiscal cliff hitting january 1st. everyone's taxes set to go up if they can't reach a deal to reduce the deficit. let's go to abc's jonathan karl for more on that. >> reporter: there's not much time left. as one senior white house official told me, this has to be a real start to this meeting. there's no time for photo ops or show meetings. i'm told the president is going to kick things off with a public statement, reiterating his firm position that tax rates on the wealthiest 2% must go up. he will not waiver on that, even as he wants to cut taxes or extend tax cuts for everybody else. that would appear to put him on a collision course with republicans who said raising tax rates on anybody is unacceptable. so, george, potential collision course. but i've got to tell you, both sides are saying they believe something can and must be worked out. >> but to be clear, working things out, the bottom line is wealthier are going to pay more o
intelligence told him he should. >> and president obama held that for 24 hours, as well. okay. thanks martha. >>> let's go to our senior justice correspondent, pierre thomas, who has more on the growing questions about how the fbi has handled the story. >> reporter: good morning, george. the more you dig into this case, the seedier it gets. apparently jill kelley, the woman at the center of the new allegations involving general allen, got the attention of a lot of men. she was a friendly acquaintance of the fbi agent who started the whole case. and it turns out, he sent her shirtless pictures of himself. now we learn this unidentified agent is under investigation for calling members of congress, breaking fbi policy about disclosing investigations. they say he's a poster boy for why such investigations need to be kept private and out of politics, george. >> and, pierre, there's some suspicion that the fbi kept this from congress and the white house to protect the president during the campaign. anything to that? >> reporter: right now, justice department officials say they have a simple story,
laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great to talk to you on this friday. happy weekend to everyone on "gma." and coming up on "world news," please meet this young woman. i think you'll never forget her. an amazing story that teaches every on
Search Results 0 to 24 of about 25 (some duplicates have been removed)